Multiple Choice
If the production function is given by , the saving rate, s, is 20 percent; the depreciation rate,
, is 10 percent; and
, the steady-state level of output is:
A) 1.4.
B) 4.0.
C) 2.0.
D) 8.0.
E) 3.5.
Correct Answer:

Verified
Correct Answer:
Verified
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